Thermon Group Holdings (THR) Valuation Rose While Pax World Management Has Decreased Its Holding; Procter & Gamble Co. (PG) Shareholder Ct Mason Lowered Its Holding by $523,250

February 15, 2018 - By Marguerite Chambers

Ct Mason decreased its stake in Procter & Gamble Co. (PG) by 27.98% based on its latest 2017Q3 regulatory filing with the SEC. Ct Mason sold 5,750 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 14,800 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $1.35 million, down from 20,550 at the end of the previous reported quarter. Ct Mason who had been investing in Procter & Gamble Co. for a number of months, seems to be less bullish one the $205.32 billion market cap company. The stock increased 0.95% or $0.7639 during the last trading session, reaching $81.4439. About 2.05M shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 15, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Pax World Management Llc decreased its stake in Thermon Group Holdings Inc. (THR) by 51.92% based on its latest 2017Q3 regulatory filing with the SEC. Pax World Management Llc sold 331,720 shares as the company’s stock rose 0.84% with the market. The institutional investor held 307,230 shares of the energy company at the end of 2017Q3, valued at $5.53 million, down from 638,950 at the end of the previous reported quarter. Pax World Management Llc who had been investing in Thermon Group Holdings Inc. for a number of months, seems to be less bullish one the $722.01 million market cap company. The stock decreased 1.11% or $0.25 during the last trading session, reaching $22.24. About 32,066 shares traded. Thermon Group Holdings, Inc. (NYSE:THR) has risen 11.69% since February 15, 2017 and is uptrending. It has underperformed by 5.01% the S&P500.

Pax World Management Llc, which manages about $3.21 billion and $1.75B US Long portfolio, upped its stake in Jpmorgan Chase & Co. (NYSE:JPM) by 40,000 shares to 187,018 shares, valued at $17.86 million in 2017Q3, according to the filing. It also increased its holding in Biogen Inc. (NASDAQ:BIIB) by 22,600 shares in the quarter, for a total of 87,246 shares, and has risen its stake in Procter & Gamble Co. The (NYSE:PG).

Among 6 analysts covering Thermon Group Holdings (NYSE:THR), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Thermon Group Holdings had 24 analyst reports since September 18, 2015 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Monday, March 27. The rating was maintained by Jefferies on Thursday, July 13 with “Buy”. The stock has “Outperform” rating by BMO Capital Markets on Thursday, August 3. Suntrust Robinson initiated Thermon Group Holdings, Inc. (NYSE:THR) on Tuesday, November 3 with “Neutral” rating. SunTrust initiated the shares of THR in report on Tuesday, November 3 with “Neutral” rating. The company was maintained on Thursday, August 4 by SunTrust. As per Friday, October 30, the company rating was downgraded by William Blair. As per Tuesday, June 27, the company rating was maintained by BMO Capital Markets. On Thursday, January 25 the stock rating was maintained by BMO Capital Markets with “Buy”. On Wednesday, September 6 the stock rating was maintained by BMO Capital Markets with “Buy”.

Investors sentiment increased to 2.67 in 2017 Q3. Its up 1.05, from 1.62 in 2017Q2. It improved, as 4 investors sold THR shares while 17 reduced holdings. 15 funds opened positions while 41 raised stakes. 33.83 million shares or 1.33% more from 33.39 million shares in 2017Q2 were reported. Putnam Ltd Liability Co owns 163,800 shares for 0.01% of their portfolio. Great Lakes Advsr Ltd Liability Company, Illinois-based fund reported 391,940 shares. Fenimore Asset Mngmt stated it has 537,915 shares or 0.39% of all its holdings. Td Asset Mngmt accumulated 42,100 shares. Sterling Cap Mgmt Llc holds 164,661 shares or 0.03% of its portfolio. Moreover, Geode Capital Ltd Limited Liability Company has 0% invested in Thermon Group Holdings, Inc. (NYSE:THR). Kennedy Cap Management stated it has 0.08% of its portfolio in Thermon Group Holdings, Inc. (NYSE:THR). Confluence Investment Mgmt holds 226,006 shares. 3.76 million were reported by Wellington Mgmt Gru Ltd Liability Partnership. 223,716 were accumulated by Wells Fargo And Mn. Us Bankshares De, Minnesota-based fund reported 534 shares. Sei Invs reported 0% stake. The New York-based Jefferies Grp Inc Ltd Company has invested 0.02% in Thermon Group Holdings, Inc. (NYSE:THR). California Pub Employees Retirement reported 46,000 shares or 0% of all its holdings. Deutsche Bancorp Ag has 172,066 shares for 0% of their portfolio.

Since August 15, 2017, it had 0 insider buys, and 3 selling transactions for $3.16 million activity. 3,490 shares were sold by FergusonMchugh MaryLynn, worth $321,221 on Tuesday, August 15. $339,077 worth of The Procter & Gamble Company (NYSE:PG) was sold by Pritchard Marc S. on Tuesday, August 15. On Tuesday, August 22 Sheppard Valarie L sold $1.87 million worth of The Procter & Gamble Company (NYSE:PG) or 20,175 shares. Matthew Price sold 1,257 shares worth $115,695. 10,192 shares were sold by Fish Kathleen B, worth $886,441 on Saturday, September 30. Shares for $587,402 were sold by Taylor David S on Tuesday, August 15.

Ct Mason, which manages about $311.59M and $275.34M US Long portfolio, upped its stake in Amc Networks Inc. (NASDAQ:AMCX) by 18,167 shares to 85,452 shares, valued at $5.00M in 2017Q3, according to the filing. It also increased its holding in Avery Dennison Corp. (NYSE:AVY) by 7,312 shares in the quarter, for a total of 48,420 shares, and has risen its stake in Novartis Ag Adr (NYSE:NVS).

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It worsened, as 51 investors sold PG shares while 765 reduced holdings. 110 funds opened positions while 558 raised stakes. 1.50 billion shares or 1.10% more from 1.48 billion shares in 2017Q2 were reported. East Coast Asset Mgmt Ltd Liability Com reported 0.29% of its portfolio in The Procter & Gamble Company (NYSE:PG). Hyman Charles D holds 170,680 shares. 7,217 are owned by Planning Alternatives Adv. Lvm Limited Mi reported 23,209 shares. First Merchants holds 74,826 shares. Wilbanks Smith And Thomas Asset Mngmt Llc invested in 63,455 shares. Hbk Sorce Advisory Lc holds 0.64% or 46,674 shares in its portfolio. 171,995 were reported by Highland Mgmt. Halbert Hargrove Russell Limited Liability Corp invested in 0.13% or 5,070 shares. Schroder Invest Mgmt Group Incorporated owns 3.37 million shares for 0.53% of their portfolio. Utd National Bank & Trust Va reported 21,434 shares. Natixis Asset Management reported 1.36M shares stake. Teachers Retirement Of The State Of Kentucky holds 280,365 shares or 0.31% of its portfolio. 61,375 are held by City Holding Com. Columbia Prtnrs L L C Invest accumulated 2,456 shares.

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